Category Archives: bitcoin etf

Crypto Rally Loses Steam as Wall Street Reviews the Merits of a Bitcoin ETF

Crypto markets were a mixed bag on Tuesday, as most of the top 20 coins headed for slight-to-moderate declines. There were a few notable exceptions, with the likes of Dash, NEO and Zcash flashing green. Meanwhile, the debate over a bitcoin exchange-traded fund (ETF) appears to be heating up on Wall Street, with one prominent […]

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As Crypto Rally Cools, Binance Coin Remains Buoyant; CEO Changpeng Zhao Offers Encouraging Message to New Traders

Crypto markets underwent a gradual cooling over the weekend, as bitcoin and the major altcoins struggled to make higher highs following an explosive Friday rally. However, for Binance Coin (BNB), the rally was still very much intact thanks to a bevy of positive news surrounding the exchange. Market Update Most of the top 20 coins […]

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Has Bitcoin Bottomed? A Closer Look at the Bullish and Bearish Cases

The bitcoin bulls were back in force on Friday, as markets finally broke out of a prolonged stalemate that had kept price action fairly subdued. The rally, which occurred suddenly, threatened the underlying assertion that bitcoin still has room to fall before reaching a definitive bottom. BTC/USD Price Update The cryptocurrency market rose to nearly […]

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Weekly Recap: Crypto Markets Get a Shake-Up as Litecoin Ascends; Bitcoin ETF Has Another Backer at the SEC

Cryptocurrencies were on the path to recovery Friday, as Litecoin’s sudden ascendancy propelled markets higher. This had a domino effect on the top 10 coins, whose rankings shifted following Litecoin’s explosive move north. The market’s performance on Friday helped offset a lackluster start to the week that saw coin values plunge to new yearly lows. […]

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U.S. Stocks Struggle to Hold Gains as Amazon Enters Bear Market; Litecoin, Binance Coin Lead Cryptos Higher

U.S. stocks traded mostly higher on Friday, as traders sifted through the latest stream of economic data. Shares of Amazon Inc. (AMZN) entered bear-market territory on Friday after providing light guidance during its Q4 earnings call. Stocks Finish Mostly Higher The large-cap S&P 500 Index drifted between gains and losses throughout the day, eventually settling […]

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Weekly Recap: Crypto Winter Continues as NEM Foundation Crumbles, Bitcoin Falls 7.6% in January

Crypto winter shows no signs of abating anytime soon. In the past week, bitcoin rounded out its sixth consecutive month in the red while the NEM Foundation suspended all projects and partnerships due to the sinking XEM price. The news wasn’t all bad, however. XRP received a major boost on Wednesday after Swift, the international […]

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Bitcoin Risks Bigger Pullback as Prices Fall to Six-Week Low

Bitcoin pivoted south on Monday, falling to the lowest level since mid-December as bearish forces reasserted their control. Hard Fall The bitcoin price plunged to a low of around $3,350 on Monday, as the carnage quickly spread to altcoins and tokens. The sudden move lower shaved more than $6 billion off the combined cryptocurrency market […]

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